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Chainalysis Sues US Government Over $94.6M ICE Contract Awarded to Rival TRM Labs

Chainalysis has filed a bid protest in the U.S. Court of Federal Claims challenging the U.S. Immigration and Customs Enforcement’s sole-source award of a $94.6 million contract for blockchain forensic tools to rival TRM Labs. The lawsuit pits the two largest crypto tracing firms against each other over the lucrative government deal.

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